AI
AI startups look for acqui-hires, mergers to accelerate journey
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As companies strive to keep up with the rapid pace of artificial intelligence, startups are increasingly looking at mergers and acquisitions and acqui-hires to accelerate their AI journey and enter new areas.
Some of the startups that have made acquisitions in the last two years include Krutrim and Sarvam, with many companies evaluating potential deals, ET has learnt.
Ola’s AI arm, Krutrim, acquired semiconductor company Bodhi Computing in 2023 to enter the semiconductor space. Krutrim announced last year that it would launch AI chips Bodhi 1 and Bodhi…
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